I was just using the method that Ord Minnett used to analyse when CCU could be cash flow positive. Notice that in their analysis to when CCU could be cash-flow positive, in the same table they kept the cash burn at $4.0m constant through a few months while the having the production rates going up.
It's just treated as the average cash burn over a period of a few months for forecasting purposes.
Anyway, won't be long till we see the cash burn for 2013-Q4 and 2014-Q1. And I agree by then we will have a more accurate idea of where is the break-even point and when CCU would be cash flow positive.
CCU Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held